Multiple Choice Questions on The loss obtained by selling an article at Rs 270 is the same as the profit obtained by sellin........... for CDS Exam Preparation

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Multiple Choice Questions

The loss obtained by selling an article at Rs 270 is the same as the profit obtained by sellin...........

Quantitative Aptitude (CDS) Profit and loss
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     The loss obtained by selling an article at Rs. 270 is the same as the profit obtained by selling that article at 10% profit. What is CP?

     

    Rs.200
     

    Incorrect Answer

     Rs. 250
     

    Incorrect Answer

    Rs. 340
     

    Incorrect Answer

    Rs. 300

    Correct Answer
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    Explanation:

    CP - 270 = (110CP)/100 - CP
    CP- 270 = (11CP- 10CP)/10
    10CP -CP = 2700
    9CP = 2700
    CP = Rs.300

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